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Value Added Code

All import and export for wage processing / value added refinement should also be reported in Intrastat reports. This means that the invoiced value is then reported as the value that the product has during import or export, respectively.

During re-export or re-import after wage processing / value added refinement, the invoiced value should be entered as the product’s value at the point of import to/export from the country, plus the value of the work or processing carried out. Wage processing / value added refinement should always be reported in gross amounts (always including the value of the product).

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